GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Why do people buy rental units that can barely pay itself?

Quotealex · 10-08-2006, 04:50 PM

I see people buying multi-unit properties that barely generate enough income to pay the mortgag, real estate taxes and insurance. God forbid if an appartment becomes vacant or some major work is needed.

This real estate market is insane, I tell you.

10-08-2006, 04:50 PM
Quotealex Confirmed User Join Date: Sep 2001 Location: The Global Digerati Village Posts: 6,265	Why do people buy rental units that can barely pay itself? I see people buying multi-unit properties that barely generate enough income to pay the mortgag, real estate taxes and insurance. God forbid if an appartment becomes vacant or some major work is needed. This real estate market is insane, I tell you.